Word: relics
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Repeal Inflationary Special-Interest Laws. The Jones Act, which requires all goods moving between U.S. ports to travel aboard high-cost U.S. ships, has many inflationary consequences, including raising the price of Alaskan oil shipped to the West and Gulf Coasts. The Davis-Bacon Act, a relic of the Depression, swells construction costs by requiring, in effect, that union wages must be paid on all federally aided projects...
Javits' argument is increasingly accepted. The canal, too narrow for the largest aircraft carriers and supertankers, is no longer the maritime lifeline it once was. On the contrary, it is widely regarded in Latin America as an anachronistic relic of the colonialist era-and an easy target for nationalist violence...
...tempting to see the closing as the end of an era. Yet it may be more realistic to see the Music Hall as a relic of an era that ended long ago - an era when Americans were far more innocent in their passion for moving pictures, an era when the public was more easily beguiled by the kind of shimmer and big ness that the Music Hall embodied...
...Oakland game. The vanguard of 74,982 fans (they booed the 62 no-shows ex cathedra) swarmed onto the field, tore down supposedly indestructible steel goal posts and carted them away, but not before the long shank of one upright had been passed around by reverent hands, an instant relic of Denver's new religion. Below, players dawdled on the field to wave their exultation to adoring fans in the stands. In the locker room later, Offensive Guards Tom Classic and Paul Howard sat stunned, reassuring one another that it was not some dizzying hallucination. 'Tom. we are going...
Carter also will recommend two minor anti-inflation measures: 1) elimination of the 4% excise tax on telephone calls, a relic of World War II levies, and 2) a cut, to .5% from .7%, in the payroll tax paid by employers to the unemployment insurance fund. Total savings: $2.3 billion a year. In a symbolic gesture, Carter will propose disallowing business tax deductions for country club fees and for half the cost of working lunches. But he abandoned his idea of taxing capital gains at the same rates as ordinary income...